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Minister of Finance

Sigbjørn Johnsen

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ILO and IMF conference in Oslo on the labour market challenges in the wake of the economic crisis

Prime Minister Jens Stoltenberg will 13 September host a high-level conference on the international situation in the labour market in the wake of the global economic crisis. The conference is a joint event by the International Labour Organization (ILO) and the International Monetary Fund (IMF).

News from the Ministry of Finance

IMF and ILO on the outlook for employment in the wake of the global financial crisis

[02.09.2010]

IMF and ILO today launched a background paper on the “Challenges of Growth, Employment and Social Cohesion” for the upcoming high-level conference in Oslo.

Long term challenges for fiscal policy

[26.08.2010]

The Norwegian economy was also hit by the financial crisis. Even though Norwegian financial institutions were financially sound, the stress in international markets and economies also affected Norwegian banks and the economy but to a lesser extent than many other economies, said Mr. Sigbjørn Johnsen at the Arctic Securities conference today.

Three companies excluded from the Government Pension Fund Global

[23.08.2010]

The Ministry of Finance has excluded two Israeli companies and one Malaysian company from the portfolio of the Government Pension Fund Global (GPFG).

The Challenges of Growth, Employment and Social Cohesion

ILO and IMF conference in Oslo to address ways of accelerating a job-rich crisis recovery

[18.08.2010]

ILO and IMF announced a joint conference to be hosted by the Prime Minister of Norway, Jens Stoltenberg, on 13 September 2010, in Oslo, to explore new ways of forging a sustainable, job-rich recovery from the global economic crisis.

The Ministry of Finance attends UN-Conference on Responsible Investment

[24.06.2010]

The UN Global Compact Leader Summit 2010 concentrates on the need to elevate the role of responsible business and investment in bringing about the needed transformation to more sustainable and inclusive markets. At the summit, the UNGC will also present a new guide on responsible business in conflict-affected and high-risk areas. The Ministry of Finance has played an active part in the work to develop this guide.

Revised National Budget 2010

[11.05.2010]

The Norwegian economy has performed better than most other industrial countries during the financial crisis and global recession. Expansionary monetary and fiscal policies, along with extensive credit and liquidity measures, have helped to mitigate the effects of the crisis on the Norwegian economy.

Joint press release on the second review of Iceland’s IMF program and the Nordic loans to Iceland

[20.04.2010]

The Nordic countries – Finland, Norway, Sweden and Denmark – support Iceland’s efforts for economic recovery by providing bilateral loans totalling 1.775 billion euro for disbursement in four equal tranches in the context of Iceland’s economic programme with the International Monetary Fund (IMF) and under the condition that Iceland will honour its international obligations.

Report on the management of the Government Pension Fund in 2009

[26.03.2010]

"Strong performance in 2009 shows that the Government Pension Fund has fared well through the financial crisis. Key in this respect is a strong adherence to the long-term investment strategy of the fund", says Minister of Finance Sigbjørn Johnsen.

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